Impacts of falling oil pricesWith the price of oil down, Gail Tverberg asks how the commodity is likely to perform in the next few years and predicts the many likely effects on the energy market and the global economy05 February 2015

Government auditors warn on future flood riskGovernment spending on maintenance flood defences has fallen by 6% over the last five year, ramping up the risk of future flooding, the National Audit Office said today.05 November 2014

Climate change experts urge flood-risk reduction planThe government and insurers should collaborate on a plan to reduce flood risk, the official advisory committee on climate change has said after finding that the uptake of sustainable drainage systems (SuDS) in new development was low.29 October 2014

Resource and Environment Practice

The social, business and financial worlds are increasingly being affected by environmental risks, the likelihood of future changes and the measures taken by governments to try to deal with them. As long-term risk managers such developments are of crucial interest to actuaries. The Resource and Environment practice area works to identify the implications for actuaries and their clients and help in the development of appropriate responses.